Federal Finance Minister Jim Flaherty announced changes to the way mortgages are given out in this country today that are said to help prevent a housing bubble from forming. The keyword being prevent, meaning the government is very clear that they do not believe a housing bubble exists. I would have to agree with the […]

I am very pleased to announce an exciting new feature on truecondos.com/wp. Big Time Radar is a brand new technology that is still in Beta and truecondos.com/wp is one of the very first websites on the planet to be using this new service. The concept behind Big Time Radar is really quite simple: it is […]

Looking for some good reading on Toronto Condos? Here are three very recent articles on the condo scene in the city worth a read: “Some See Condo Prices At Bottom” from today’s Globe and Mail.Ãƒâ€šÃ‚Â The article suggests that condo prices have fallen to their lowest point, even though the confidence of buyers is still […]

If you are looking to buy a new condo in Toronto, you probably have picked up a copy of The Condo Guide magazine. These free, bi-monthly full colour magazines are more or less 100% advertisements bought and paid for by Toronto’s numerous condo developers with a few “articles” thrown in for good measure by industry […]

TREB released their data for sales in the GTA for the first half of July and the numbers are consistent with everything from 2008 thus far. Sales are down from 2007 numbers (-11%), but prices are still on the rise (+1%), albeit very slowly. Here is the full release from TREB: TORONTO, July 17, 2008 […]

Good news for buyers and sellers at The Met at Yonge and Carlton: Phase 1 has finally registered! What this means is that the occupancy period is over and unit owners will be receiving their deeds for their units. You are officially owners! You can now sell your suites however you like. The ban on […]

ScotiaBank released their Real Estate Trends report today. Check it the full report here. Excerpt from the report: ” Canadian real estate markets remain remarkably buoyant, especially in light of the deepening housing downturn in the United States and the generally softening conditions in most other advanced economies globally. Housing starts totaled 228,343 units in […]